Q1. Art Buchwald's article "Squaring the Economic Circle" humorously states Explain how:
Q2. 1. Illustrate what are IKEAs firm-specific benefits? Country-specific benefits?
2. Illustrate what are the cultural factors which make expansion abroad in retailing difficult? Illustrate what has made it possible in IKEAs case?
3. State Explain how IKEAs expansion has reenergized mature markets around the world also changed the competitive situation.
4. Explain how does the TV advertising campaign initiated by IKEA overcome the entry barrier of high advertising expenditures?
5. Should IKEA expand further in the United States or focus on other countries? Case